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Which Restaurant Stocks Are Gainers Post Q1? Analyst Picks BJ's Restaurants And Chipotle Mexican Grill
Friday, April 21, 2023 - 3:09pm | 546Wedbush analyst Nick Setyan favors BJ's Restaurants Inc (NASDAQ: BJRI) and Chipotle Mexican Grill Inc (NYSE: CMG) based on the first quarter checks. The analyst had recently double upgraded BJRI to Outperform with a price target of $36. The analyst's...
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Carlyle Seeks New Investors For McDonald's China Arm, US Judge Halts Several Johnson & Johnson's Talc-Related Lawsuits, A Look At How Much Alphabet Analysts, Managers And Engineers Get Paid: Today's Top Stories
Friday, April 21, 2023 - 9:21am | 1972Bloomberg Carlyle Seeks New Investors For McDonald's $10B China Arm Private equity company Carlyle Group Inc (NASDAQ: CG) reportedly intends to find new investors for its investment in McDonald's Corp's (NYSE: MCD) Chinese operations. The buyout firm, which...
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Carlyle Seeks New Investors For McDonald's $10B China Arm: Report
Friday, April 21, 2023 - 8:23am | 317Private equity company Carlyle Group Inc (NASDAQ: CG) reportedly intends to find new investors for its investment in McDonald's Corp's (NYSE: MCD) Chinese operations. The buyout firm, which controls McDonald's China, together with Trustar Capital, has been...
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Hospitality Software Provider Agilysys Is Capturing Share From Outdated Legacy Suppliers, Bullish Analyst Says
Thursday, April 20, 2023 - 3:04pm | 358Oppenheimer analyst Brian Schwartz initiated coverage on Agilysys Inc (NASDAQ: AGYS) at Outperform and a price target of $105. The analyst believes the company derives a competitive advantage from technological advancements in frictionless data ingestion, smooth...
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Lam Research, D.R. Horton, Las Vegas Sands And Other Big Stocks Moving Higher On Thursday
Thursday, April 20, 2023 - 11:00am | 569U.S. stocks traded lower, with the Dow Jones dropping around 100 points on Thursday. Here are some big stocks recording gains in today’s session. Studio City International Holdings Limited (NYSE: MSC) shares rose 20% to $9.20. XPO, Inc. (NYSE: XPO) climbed 15.4% to $39.92 as the company said...
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Las Vegas Sands Gets Price Target Bumps By Analysts Following Upbeat Q1 Results
Thursday, April 20, 2023 - 9:42am | 322Las Vegas Sands Corp (NYSE: LVS) reported better-than-expected first-quarter results. Las Vegas Sands reported first-quarter revenue of $2.12 billion, which beat average analyst estimates of $1.82 billion. The company reported quarterly earnings of 28 cents per share, which beat estimates of 18...
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Barbie On Hoodies: Mattel And Gap Reveal Apparel Partnership; Hot Wheels On The Way
Wednesday, April 19, 2023 - 2:39pm | 269Mattel Inc (NASDAQ: MAT) and Gap Inc (NYSE: GPS) are forming a new apparel collaboration. The first of many upcoming Gap x Mattel product drops will be the Gap x Barbie collection. The collection will offer tees, skirts, logo hoodies, denim, button-downs and accessories as well...
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Lululemon Is Exploring Sale of Mirror Unit Bought in 2020 To Competitor: Report
Wednesday, April 19, 2023 - 9:45am | 327Lululemon Athletica Inc (NASDAQ: LULU) seeks to sell its at-home fitness business, Mirror, which it bought in 2020. The company approached its competitor Hydrow as a potential buyer, said CNBC. LULU rebranded Mirror as Lululemon Studio post the acquisition. Also read: Lululemon...
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Top 5 Tech And Telecom Stocks That May Explode This Month
Wednesday, April 19, 2023 - 8:43am | 626The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price...
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Food Service Distributors To Face Sales Struggle Ahead, Warns Morgan Stanley Analyst
Monday, April 17, 2023 - 2:14pm | 417Morgan Stanley analyst Brian Harbour said for the restaurants and food service distributors, Q1 may be the last rising tide quarter driven by both good economic data and easier laps to start the period. The analyst said the focus will shift to more idiosyncratic drivers of sales, signs of...
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Stride's Favorable Longer-Term Outlook Convinces Analyst To See 30% Upside From Current Levels
Friday, April 14, 2023 - 3:36pm | 265Barrington Research analyst Alexander Paris reiterated an Outperform rating on the shares of Stride Inc (NYSE: LRN) with a price target of $50. The analyst expects third-quarter revenues of $455.0 million, up 7.9% Y/Y; adjusted EBITDA of $98.9 million, up 9.5% Y/Y and GAAP EPS...
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McDonald's Battle-Tested Business Model Will Help Weather Economic Hurdles, Says Analyst
Thursday, April 13, 2023 - 1:11pm | 331Oppenheimer analyst Brian Bittner reiterated an Outperform rating on the shares of McDonald's Corp (NYSE: MCD) and raised the price target from $304 to $315. The analyst said there is a bullish set up for U.S. same-store sales as the company has the strongest brand...
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Top 5 Consumer Stocks That Are Ticking Portfolio Bombs
Tuesday, April 11, 2023 - 8:17am | 607The most overbought stocks in the consumer discretionary sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock...
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McDonald's Executive And Others Slam Elon Musk In Eye-Opening Email, Say Billionaire's Tweets Are 'Perpetuating Racism'
Saturday, April 8, 2023 - 1:15pm | 631A top executive at McDonald's (NYSE: MCD) reportedly asserted that Twitter CEO Elon Musk's "free speech" agenda at Twitter has been "perpetuating racism." According to a leaked email chain obtained by Semafor, executives from McDonald's...
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Top 5 Tech And Telecom Stocks That May Rocket Higher In April
Wednesday, April 5, 2023 - 8:55am | 594The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price...